Prop GT EA

PROP GT Expert Advisor

The PROP GT Expert Advisor is expertly crafted to conquer the challenges set by Prop Firms, ensuring compliance with all rules while maintaining specified drawdown limits. Tailored for the EURUSD pair on a M15 timeframe using the Every tick model, this advisor operates with precision in the correct time zone, ensuring optimal performance.

Key Features:

• Symbol: EURUSD
• Timeframe: M15
• Model: Every tick
• Broker’s time offset relative to GMT: Set the GMT parameter accurately using the provided instructions to align with your broker’s trading server time.
• Money management type: Choose between Fixed lot or Risk per transaction, allowing flexibility in managing lot sizes based on your risk tolerance.
• PROP Challenge On: Control drawdowns and deposit income to prevent blowing up the account, fix losses, and prohibit trading after reaching specified profit levels.
• Breakout Scalper Strategy: The expert advisor’s trading strategy focuses on the breakout of support and resistance levels, minimizing drawdowns.
• Signal Strategies: Includes Imbalance and Trend follow signals for precise market entry points with 99% accuracy.

Installation Instructions:

1. Set the GMT parameter accurately as per the provided instructions.
2. Ensure the EA is placed in the Experts folder of your MT4 trading platform.
3. Restart your trading platform to apply the changes.

How to Pass the Prop Firm Challenge:

• Follow the recommended currency pairs and set the maximum risk per trade at 1% initially.
• Adjust the risk level to 2% or 3% if necessary after week 3 to meet profit targets.

Manual Trading Settings:

• StopLoss: Set the stop size for trades opened using the trading panel.
• TakeProfit: Determine the profit amount in points for trades opened using the trading panel.
• Use Trailing stop: Enable trailing stop for orders opened using the panel on the chart.
• StopLoss distance: Set the distance in points from the price to StopLoss when using a trailing stop.
• Minimum Trailing profit: Set the minimum profit amount in points to trigger the trailing stop function.

Account and Currency Pair Parameters:

• Currency pairs: EURUSD, GBPUSD, USDJPY
• Leverage: 1:100
• Minimum deposit: $300 USD
• EURUSD spread: Up to 8 pips

The PROP GT Expert Advisor is your key to mastering Prop Firm challenges and advancing your trading journey with confidence.